Audience
Forex traders looking for a Forex robot software
About BF Scalper EA
The logic is very simple but effective - the EA uses breakouts of the Bollinger Bands for entry and exit signals. By our opinion the Bollinger Bands is the best technical indicator ever created - Thank you Mr. John Bollinger! During the years we've tried many other indicators and strategies but the Bollinger Bands has proven itself as the best indicator for scalping the market volatility. Reasonable stop loss levels varies between 20 and 60 pips. You can use small fixed TP between 4-8 pips, or leave the exit logic to take care of the position. The exit logic is also based on the BB indicator and it will close the trade even on a loss when the price is near or breaks the opposite BB line. This is commanded by the "BandBreakExit" parameter which works best from minus one to plus one-two. Below you can check the backtest result of our forex robot - BF Scalper - on the following currency pairs EURUSD, USDCAD, EURCHF, USDJPY, GBPCAD, GBPUSD, USDCHF.
Popular Alternatives
Grid Master PRO
Grid Master PRO is the professional version of our very popular EA - BF Grid Master EA. We have implemented a lot of new additional features and systems in this PRO version in order to improve its overall performance. We have added 3 additional trading strategies in the Grid Master PRO which increase the total profit. We have added Advanced Time Management system, Notification System, Friday Exit System, Advanced News Filter and we have added additional parameters for making Grid Master PRO more flexible. Grid Master PRO is a very effective and profitable trading strategy developed especially for the GBPUSD currency pair. However, if it is used wisely it can be adapted and applied for almost any trading instrument. The grid based trading techniques are a very controversial topic in the trader's community. Grid Master PRO comes with Money Management System. You can set a risk in percents and the robot will automatically calculate the lots according the risk and your account free margin.
Learn more
Happy Market Hours
Happy Market Hours uses trend/scalping strategy with technical indicators, that best works on EURUSD, EURCHF, EURGBP, USDCAD, USDCHF, GBPUSD to M15 chart. EA Happy Market Hours works best on standard account or ECN account. Beware not every broker is suitable for scalping strategy. Is equipped with Spread Filter which will stop the EA Happy Market Hours from executing trade if the broker spread is above setting spread. Uses dynamic stop loss and take profit levels based on market sentiment. EA Happy Market Hours trade system is primarily designated for all traders on the forex market. EA Happy Market Hours can trade on any large client accounts with Metatrader application.
Learn more
News Scope EA Pro
News Scope EA PRO is a very effective and potentially highly profitable strategy for high impact news trading. Usually, when a major news event occurs, the price spikes in one, or both directions and this creates an opportunity for short-term scalping. If the magnitude of the price movement is strong enough, the trader cold gain 20, or in some rare cases even more than 100 pips in a few seconds. Of course, nothing is perfect and the liquidity issues in such high volatility moments could lead to spread increase, execution delay and slippage. However, in the last years the brokers conditions improves continuously and the spreads during major news events are lower than ever. This creates a good opportunity for profitable news trading. News Scope EA PRO comes with money management system. You can set a risk in percents and the robot will automatically calculate the lots according the risk and your account free margin.
Learn more
BF Grid Master EA
BF Grid Master EA is a very effective and profitable trading strategy developed especially for the GBPUSD currency pair. However, if it is used wisely it can be adapted and applied for almost any trading instrument. The grid based trading techniques are a very controversial topic in the trader’s community. The reason for this is the following - used properly with proper risk and settings, they can generate consistent gains relatively safe with performance incomparable with any other trading strategy. On the other hand in certain circumstances they fail dramatically. The key elements for the success of any grid based trading are the applied risk and the right entry and exit trading logic. BF Grid Master EA is designed to pick up the right moment for the initial market entry and for the following additional grid based recovery trades. The second safety line of additional trades is an unique feature, which is not present in any other grid EA on the market.
Learn more
Pricing
Starting Price:
$97 one-time payment
Integrations
Company Information
FXautomater
www.fxautomater.com/forex-robots/bf-scalper-ea
Videos and Screen Captures
You Might Also Like
Our Free Plans just got better! | Auth0 by Okta
You asked, we delivered! Auth0 is excited to expand our Free and Paid plans to include more options so you can focus on building, deploying, and scaling applications without having to worry about your secuirty. Auth0 now, thank yourself later.
Product Details
Platforms Supported
Windows
Mac
Training
Documentation
Live Online
Support
Phone Support
Online